July 16, 2019 @ 4:00 pm By Samantha Hurst  |  

N26, a European digital-only bank, announced on Monday the launch of its new premium banking account, N26 You. According to N26, the account puts users at the core of everything, while building on an existing seamless, borderless banking experience. “N26 You expands on all the… Read More

July 16, 2019 @ 3:05 pm By Samantha Hurst  |  

Finix, a U.S.-based fintech startup that specializes in payments, announced on Tuesday it secured $17.5  million through its Series A funding round. Matt Harris from Bain Capital Ventures, which led the round, will be joining our board of directors. Founded in 2016, Finix claims to… Read More

July 16, 2019 @ 1:16 pm By Samantha Hurst  |  

Whoomies, a France-based home-sharing mobile app, has quickly surpassed its initial €300,000 equity crowdfunding target on Seedrs. Founded in 2017, Whoomies explained that it is focused on delivering digital tools to improve the shared living experience on both tenants and real estate owners. The company… Read More

July 16, 2019 @ 1:07 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Tuesday it has named OS Limited (OSL), a digital asset brokerage providing global counterparts with a suite of institutional products and services. OSL offers over-the-counter (OTC) trading services, as its first Settlement Agent and Paxos, financial institution regulated… Read More

July 16, 2019 @ 12:11 pm By Samantha Hurst  |  

OneSpan (NASDAQ: OSPN), a company that offers software for trusted identities, e-signatures and secure transactions, announced on Tuesday it has formed a new partnership with Avaloq, a global fintech and provider of software as a service (SaaS) and business process as a service (BPaaS) solutions,… Read More

July 16, 2019 @ 10:15 am By Samantha Hurst  |  

Flybits, a contextual data intelligence company, announced on Tuesday it raised $35 million through its Series C round led by Point72 Ventures with participation from Mastercard, Citi Ventures, and Reinventure (backed by Australia’s Westpac Banking Corporation), along with existing partners Portag3 Ventures, TD Bank Group… Read More

July 16, 2019 @ 9:48 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Tuesday it secured $55 million through its Series B funding round, which was led by Gauss Ventures. According to Curve, the investment round also welcomes… Read More

July 16, 2019 @ 8:37 am By Samantha Hurst  |  

PayPal announced on Tuesday the launch of its international money service Xoom in 32 markets across Europe. According to PayPal, consumers in these markets can now use Xoom to quickly send money, pay bills or phones to more than 130 markets internationally. “Xoom’s expansion to… Read More

July 15, 2019 @ 3:47 pm By Samantha Hurst  |  

Arc Vehicle, a UK-based electric recreational vehicle developer, is set to close its equity crowdfunding campaign on Crowdcube with more than £950,000 in funding. The round, which is offering 8.71% of equity at a £10 million pre-money valuation, was launched last month and quickly raised… Read More

July 15, 2019 @ 3:15 pm By Samantha Hurst  |  

Just a little over six months after raising nearly 275,000 through its previous Seedrs campaign, Prop-tech startup Brickowner has returned to the equity crowdfunding platform to raise £225,000. Brickowner reported investment through its platform has grown from £347k in 2017 to £1m by February 2018,… Read More

July 15, 2019 @ 2:12 pm By Samantha Hurst  |  

AkinovA, a UK-based insurtech, announced last week it is now seeking funds through its Series B investment round. Founded in 2017, AkinovA is building an electronic marketplace for the transfer and trading of (re)insurance risks. “By working in collaboration and partnership with the insurance industry,… Read More

July 15, 2019 @ 1:55 pm By Samantha Hurst  |  

MetLife announced on Monday the second class of nine companies selected to participate in the MetLife Digital Accelerator powered by Techstars. According to MetLife, the accelerator connects startups with MetLife leaders and Techstars mentors for an intensive 13-week program focused on fast-tracking technologies with the… Read More

July 15, 2019 @ 11:51 am By Samantha Hurst  |  

New York State Department of Financial Services (DFS) announced on Monday it has approved the applications of Seed Digital Commodities Market LLC (SCXM) and Zero Hash LLC for virtual currency licenses and has approved Zero Hash for a money transmitter license. SCXM and Zero Hash… Read More

July 15, 2019 @ 11:32 am By Samantha Hurst  |  

Altonomy, a U.S.-based trading desk and market maker for cryptocurrency assets, announced on Monday it secured $7 million through its seed financing round, which was led by Polychain Capital. Founded in 2018, Altonomy describes itself as a cryptocurrency trading, advisory, and asset management firm. The… Read More

July 15, 2019 @ 10:56 am By Samantha Hurst  |  

Just days after launching its latest equity crowdfunding efforts on Seedrs, UK-based fintech startup, WeSwap, has successfully secured its initial £2.3 million funding target from more than 1,000 investors. The funding round comes nearly three years after WeSwap secured more than £2.4 million through its… Read More

July 15, 2019 @ 9:34 am By Samantha Hurst  |  

SafeCharge (AIM: SCH) announced last week it has formed a new partnership with Visa Direct, Visa’s real-time push payments platform, to help provide what it claims to be faster payouts for insurance-as-a-service company, Setoo. According to SafeCharge, Visa Direct enables businesses to push funds disbursements… Read More

July 15, 2019 @ 8:42 am By Samantha Hurst  |  

Lendbuzz, a U.S.-based fintech company that aims to disrupt the existing car financing market using machine learning algorithms, announced on Monday it secured $150 million in debt and equity financing. The company reported that this latest funding round was led by 83North with significant participation from existing… Read More

July 14, 2019 @ 10:11 pm By Samantha Hurst  |  

OnDeck Canada announced last week it has formed a new partnership with Canadian credit union, Coast Capital Savings, to accelerate online lending to Coast Capital small business members. According to OnDeck Canada, Coast Capital Savings small business members may now apply for term loan financing… Read More

July 14, 2019 @ 10:04 pm By Samantha Hurst  |  

Wriggle, a UK-based real-time marketplace for local eat-out food and drink, has completed its equity crowdfunding round on Seedrs with nearly £750,000 secured. The campaign, which originally sought to raise £600,000, offered 10.45% in equity with a £5,140,320 pre-money valuation. As previously reported, Wriggle is… Read More

July 14, 2019 @ 9:48 pm By Samantha Hurst  |  

State of Utah Department of Commerce announced earlier this month it is launching a regulatory sandbox specifically for fintech startups in the state. According to Francine A. Giani, Executive Director of the Utah Department of Commerce and Utah Representative Marc Roberts (R-Provo), the government service… Read More